Attached files
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8-K - FORM 8-K - QUIDEL CORP /DE/ | a58289e8vk.htm |
EX-1.1 - EX-1.1 - QUIDEL CORP /DE/ | a58289exv1w1.htm |
Exhibit 5.1
[Letterhead of Gibson, Dunn & Crutcher LLP]
Client: C 73074-00111
January 7, 2011
Quidel Corporation
10165 McKellar Court
San Diego, California 92121
10165 McKellar Court
San Diego, California 92121
Re: Quidel Corporation Offering of Common Shares
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-3, File No. 333-169136, of Quidel
Corporation, a Delaware corporation (the Company), filed with the Securities and Exchange
Commission (the Commission) pursuant to the Securities Act of 1933, as amended (the Securities
Act), on September 1, 2010 (as amended, the Registration Statement), the preliminary prospectus
supplement and prospectus related thereto filed with the Commission pursuant to Rule 424(b) under
the Securities Act on January 5, 2011 (the Preliminary Prospectus Supplement) and the final
prospectus supplement in the form filed with the Commission pursuant to Rule 424(b) under the
Securities Act on January 7, 2011 (the Final Prospectus Supplement and together with the
Preliminary Prospectus Supplement, the Prospectus Supplement), in connection with the offering by
the Company of up to 4,600,000 common shares of the Company, par value $0.001 per share (the
Shares) and associated preferred stock purchase rights of the Company. In connection with the
issuance of the Shares, the Company has entered into an Underwriting Agreement, dated as of January
6, 2011 (the Underwriting Agreement), between the Company and the underwriter named therein (the
Underwriter).
In arriving at the opinion expressed below, we have examined the originals, or copies certified or
otherwise identified to our satisfaction, of such documents, corporate records of the Company,
certificates of officers of the Company and of public officials, and other documents as we have
deemed necessary or advisable to enable us to render the opinion. As to any facts material to the
opinion, we have relied to the extent we deemed appropriate and without independent investigation
upon statements and representations of officers and other representatives of the Company, the
Underwriter and others. In our examination, we have assumed without independent investigation that
the signatures on all documents examined by us are genuine, all individuals executing such
documents had all requisite legal capacity and competency, the documents submitted to us as
originals are authentic, and the documents submitted to us as copies conform to the originals.
Based upon the foregoing, and subject to the assumptions, exceptions, qualifications and
limitations set forth herein, we are of the opinion that the Shares, when delivered to and paid
for by the Underwriter in accordance with the terms of the Underwriting Agreement, will be validly
issued and fully paid and non-assessable.
Quidel Corporation
January 7, 2011
Page 2
January 7, 2011
Page 2
We render no opinion herein as to matters involving the laws of any jurisdiction other than the
Delaware General Corporation Law (the DGCL). We are not admitted to practice in the State of
Delaware; however, we are generally familiar with the DGCL, as currently in effect, and have made
such inquiries as we consider necessary to render the opinion above. This opinion is limited to
the effect of the current state of the DGCL and the facts as they currently exist. We assume no
obligation to revise or supplement this opinion in the event of future changes in such law or the
interpretations thereof or such facts.
We consent to the filing of this opinion as an exhibit to the Registration Statement, and we
further consent to the use of our name under the caption Legal matters in the Prospectus
Supplement. In giving these consents, we do not thereby admit that we are within the category of
persons whose consent is required under Section 7 of the Securities Act or the rules and
regulations of the Commission promulgated thereunder.
Very truly yours, |
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/s/ GIBSON, DUNN & CRUTCHER LLP | ||||